Eskom claws back control over ‘critical’ procurement - The treasury's relaxation of procurement rules will allow the state utility to attend to its ageing power stations far quicke
has welcomed the treasury’s relaxation of procurement rules, which the state utility says will allow it to attend to its ageing power stations far quicker.
Eskom reports to the treasury on procurement matters — a stopgap put in place to prevent the mismanagement of public funds that characterised the state-capture era. Sankar noted that Eskom also needs to be able to demonstrate to lending organisations that it can conclude procurement in a shorter space of time and complete projects timeously.’s supply chain management processes will allow Eskom to approve contract variations without treasury approval and to work directly with manufacturers and maintenance suppliers.
The power utility said it will continue to promote competitive bidding, which is required by the Constitution.
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